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Forex Trend Analysis Report

Prepared for you on Friday, January 21, 2022.

Swedish Krona/Swiss Franc (FOREX:SEKCHF)

Long-Term Downtrend (-90) - SEKCHF is in a strong downtrend that is likely to continue. While SEKCHF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SEKCHF?

MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCHF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SEKCHF
Open High Low SEKCHF Price Change
9.9276 9.9683 9.9200 9.9639 +0.0363
Entry Signal

MarketClub’s Trade Triangles for SEKCHF

long term down The long-term trend has been DOWN since Jun 16th, 2021 at 10.7300

intermediate term down The intermediate-term trend has been DOWN since Jan 18th, 2022 at 10.0274

short term down The short-term trend has been DOWN since Jan 14th, 2022 at 10.1795

Smart Scan Analysis for SEKCHF

Based on our trend formula, SEKCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SEKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.9276 9.9683 9.9200 9.9639 +0.0363
Prev. Close Volume Bid Ask Time
9.9276 2022-01-21 04:18:55
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